Price analysis 12/23: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
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Trump’s crypto czar meets UAE’s national security adviser on crypto, AI
Senior UAE official Tahnoon Bin Zayed Al Nahyan said he spoke with White House crypto and AI czar David Sacks about the increased use of crypto. White House crypto and AI czar David Sacks was among a number of Trump administration officials who recently met with United Arab Emirates officials to discuss emerging technologies and

CBDCs can cut cross border remittance costs by half: BIS report
A BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed. 691 Total views 4 Total shares The Bank for International Settlements (BIS) has published a report touting the benefits of central bank digital currencies (CBDC), especially in reducing the cost of cross-border payments.According to the report titled “Inthanon-LionRock to…

Reversible blockchain transactions would improve cryptocurrency
A proposal out of Stanford University to make crypto transactions reversible is adding a wrinkle to discussions of crime and fraud prevention. Researchers suggested that mutability — the ability to reverse blockchain transactions — would help prevent crime.One of the advantages of cryptocurrency is that it is possible for the market — individuals, traders and…

Michael Saylor’s Strategy bagged 6,556 BTC for $555.8M last week
Michael Saylor’s Strategy has acquired 6,556 Bitcoin for $555.8 million, bringing total holdings to 538,200 BTC, per the company's latest SEC filing. Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, has added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000. Strategy acquired 6,556 Bitcoin for

Klaytn Blockchain Ahead of Facebook’s Libra Network, Says Kakao CEO
Yeo Min-soo, the CEO of South Korean internet giant Kakao, said that his firm’s Klaytn blockchain is similar to Facebook’s Libra except it is way ahead in its development.According to the Korea Herald on Nov. 28, Min-soo lauded Klatyn’s development during the first Klaytn Governance Council Summit held in Seoul:“Facebook’s Libra launched last month with…

ShapeShift’s New Non-Custodial Exchange Supports Hardware Wallets
Switzerland-based crypto exchange ShapeShift has launched its new non-custodial crypto platform operating across multiple blockchains, the firm announced in a press release shared with Cointelegraph on July 8.The new ShapeShift platform offers an integrated suite for digital asset management, enabling an end-to-end tool for secure storing, buying, selling, trading, and tracking cryptos, the company stated.The…

A Bitcoin price dip for ants? BTC quickly rebounds to a new high above $57K
The price of Bitcoin (BTC) dipped to as low as $53,905 on Binance overnight, recording a sudden 6% drop. But despite the minor correction, the price of Bitcoin quickly recovered thereafter, reaching a new all-time high above $57,800 on Feb. 21.BTC/USDT 4-hour price chart (Binance). Source: TradingView.comWhy did Bitcoin drop and recover so quickly?Although Bitcoin saw…

Site of CZ’s downfall and pot crypto vendors: Crypto City Guide to Seattle
Seattle’s medical marijuana vendors accept crypto, residents don’t file income tax returns here, and the Governor signed a blockchain bill.